Springfield Properties has made a comment as demand for prime and ultra-luxury residences remains strong, with sustained interest from Dubai’s elite and international investors.
The availability of high-value properties is becoming increasingly selective, reinforcing upward pricing trends across the city’s most sought-after districts. The latest figures reaffirm Dubai’s status as a leading destination for global wealth and long-term real estate investment.
“Dubai’s position as a premier wealth hub is only solidifying, with the city attracting global investors who are securing assets in anticipation of continued value growth”.
Farooq Syed, CEO, Springfield Properties
Dubai continues to attract global HNWIs, with the emirate now home to 212 centi-millionaires (individuals with investable assets exceeding $100m) and 15 billionaires.
Over the past decade, Dubai has seen a 78% increase in its millionaire population, positioning the city as a top destination for international wealth.
This growing base of affluent individuals is significantly driving the demand for ultra-luxury properties, particularly in sought-after locations such as waterfront developments and master-planned communities, where supply remains limited.
The influx of global wealth is expected to continue shaping the market, with high-net-worth individuals prioritising long-term investment in real estate to preserve wealth and capital appreciation, according to Springfield Properties’ Farooq.
“As demand continues to rise, investors are seeking sustained value and security in Dubai’s real estate market.
“This is a market that has proven its resilience, and those who invest now are securing assets that will continue to appreciate in the years to come”.
Farooq Syed, CEO, Springfield Properties
Dubai’s appeal continues to strengthen, driven by pro-investment government policies. Initiatives such as residency permits for retirees and remote workers, the expansion of the ten-year Golden Visa programme, and the UAE’s broader economic diversification efforts are enhancing long-term market stability.
The off-plan market continues to show strong performance, with 8,753 off-plan sales recorded, totaling AED 19.73bn. At the same time, the secondary market recorded 6,136 transactions worth AED 21.25bn.
“The strength of Dubai’s real estate sector is anchored in its long-term fundamentals.
“The city’s ability to attract global capital, combined with its strategic regulatory initiatives, ensures demand remains robust across all market segments.”
Farooq Syed, CEO, Springfield Properties
The sustained interest in both markets reflects growing investor confidence, with Palm Jumeirah standing out as an example of continued demand, where the average transaction price reached AED 12.82m.
